City Of London

Pessimism Grows at United Utilities: The London Rush

Electricity pylons and power lines in morning mist on the Isle of Grain, UK, on Monday, Aug. 22, 2022. The UK is about to receive liquefied natural gas from far-off Australia for the first time in at least six years, highlighting the European regions desperation in grappling with its worst energy crisis in decades.Photographer: Jason Alden/Bloomberg

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By Ryan Hesketh and Charles Capel

September 27, 2022 at 6:59 AM UTC

This article is for subscribers only.

Here’s the key business news from London-listed companies this morning.

United Utilities Plc: The utility network, feeling the sting of inflation and lower consumption, lowered its revenue guidance and raised its cost expectations.